Flutter Entertainment plc (LON:FLTR) Receives Average Rating of “Hold” from Brokerages

Flutter Entertainment plc (LON:FLTR – Get Rating) has received an average recommendation of “Hold” from the ten analysts that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating and two have assigned a hold rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is £133.15 ($160.11).

FLTR has been the subject of several recent analyst reports. Jefferies Financial Group set a £129 ($155.12) target price on shares of Flutter Entertainment in a research note on Thursday, November 17th. Shore Capital reiterated a “hold” rating on shares of Flutter Entertainment in a research note on Thursday, March 2nd. Numis Securities reiterated a “reduce” rating and issued a £102 ($122.66) target price on shares of Flutter Entertainment in a research note on Tuesday, February 14th. The Goldman Sachs Group set a £134 ($161.14) target price on shares of Flutter Entertainment in a research note on Thursday, March 2nd. Finally, JPMorgan Chase & Co. set a £151 ($181.58) target price on shares of Flutter Entertainment in a research note on Friday, March 3rd.

Flutter Entertainment Stock Performance

FLTR opened at £140.90 ($169.43) on Monday. Flutter Entertainment has a 1-year low of GBX 7,340 ($88.26) and a 1-year high of £142.65 ($171.54). The company has a current ratio of 0.87, a quick ratio of 0.70 and a debt-to-equity ratio of 58.95. The company has a market cap of £24.82 billion, a price-to-earnings ratio of -8,191.86, a PEG ratio of 1.76 and a beta of 0.83. The company’s fifty day moving average price is £128.98 and its two-hundred day moving average price is £116.98.

Insider Activity at Flutter Entertainment

In related news, insider Holly Keller Koeppel purchased 1,000 shares of Flutter Entertainment stock in a transaction that occurred on Tuesday, March 7th. The stock was bought at an average price of £142.27 ($171.08) per share, for a total transaction of £142,270 ($171,079.85). 3.03% of the stock is owned by company insiders.

About Flutter Entertainment

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Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sportsbooks and exchange sports betting products, daily fantasy sports products, and pari-mutuel betting products; fixed odds games betting products; online games and casinos; peer-to-peer games, including online bingo, rummy, and poker; and business-to-business services.